Elefante Mark B
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 28, 2025), Elefante Mark B reported 57 stock positions worth $133.1 million. Its top holding was Nvidia (NVDA) at 5.7% of the portfolio, followed by Microsoft (MSFT, 5.0%) and Mastercard Class A (MA, 4.7%). Compared with Q1 2025, it opened 5 new positions, sold out of 5, added to 23 and reduced 24. The biggest buy was Microsoft (MSFT, shares +2%) and the biggest sale Fiserv (FISV, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001661535
- Portfolio Value
- $133.1M (Q2 2025)
- SEC Filing
- 0001661536-25-000004 ↗ filed Jul 28, 2025
Holdings Value
Holdings 57 stocks · $133.1M
| NVDA Nvidia Corp. | 5.71% | 48,115 | $7.6M | Reduce -1.3% |
| MSFT Microsoft Corp. | 5.04% | 13,490 | $6.7M | Add +1.7% |
| MA Mastercard Inc. Class A | 4.74% | 11,224 | $6.3M | Reduce -7.7% |
| AAPL Apple Inc. | 4.67% | 30,309 | $6.2M | Reduce -0.8% |
| GOOGL Alphabet Inc. Class A | 4.59% | 34,666 | $6.1M | Add +1.7% |
| ADP Automatic Data Processing | 3.99% | 17,235 | $5.3M | Reduce -2.7% |
| AMZN Amazon.com Inc. | 3.98% | 24,170 | $5.3M | Add +3.3% |
| ABT Abbott Laboratories | 3.96% | 38,738 | $5.3M | Reduce -1.5% |
| ADI Analog Devices Inc. | 3.87% | 21,672 | $5.2M | Add +0.9% |
| FISV Fiserv Inc. | 3.53% | 27,246 | $4.7M | Reduce -1.1% |
| PG The Procter & Gamble Co. | 3.19% | 26,678 | $4.3M | Add +1.0% |
| ATR Aptargroup Inc. | 3.17% | 26,976 | $4.2M | Reduce -0.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 3.13% | 33,750 | $4.2M | Reduce -0.1% |
| RTX RTX Corp. | 3.12% | 28,418 | $4.1M | Reduce -0.4% |
| ROK Rockwell Automation Inc. | 2.89% | 11,595 | $3.9M | Reduce -3.3% |
| DHR Danaher Corp. | 2.84% | 19,112 | $3.8M | Add +2.5% |
| AMD Advanced Micro Devices | 2.80% | 26,295 | $3.7M | Reduce -7.8% |
| HD Home Depot Inc. | 2.77% | 10,056 | $3.7M | Add +2.3% |
| SBGSY Schneider Elect SE-Unsp ADR | 2.53% | 62,982 | $3.4M | Add +3.2% |
| CARR Carrier Global Corp. | 2.43% | 44,145 | $3.2M | Add +4.9% |
| XYL Xylem Inc. | 2.38% | 24,514 | $3.2M | Add +1.7% |
| JNJ Johnson & Johnson | 2.35% | 20,512 | $3.1M | Reduce -3.4% |
| CVX Chevron Corp. | 2.12% | 19,708 | $2.8M | Add +1.7% |
| CNI Canadian Natl Railway Co. | 2.11% | 26,943 | $2.8M | Reduce -6.3% |
| VRTX Vertex Pharmaceuticals Inc. | 1.95% | 5,832 | $2.6M | Add +3.0% |
| MKC McCormick & Co.-Non VTG SHRS | 1.70% | 29,845 | $2.3M | Add +4.8% |
| UNH Unitedhealth Group Inc. | 1.51% | 6,441 | $2.0M | Add +9.2% |
| CRM Salesforce Inc. | 0.90% | 4,409 | $1.2M | Add +29.0% |
| UBER Uber Technologies Inc. | 0.89% | 12,695 | $1.2M | Add +105.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.86% | 16,528 | $1.1M | Add +78.4% |
| LLY Eli Lilly & Co. | 0.77% | 1,317 | $1.0M | Add +124.0% |
| NEE Nextera Energy Inc. | 0.77% | 14,751 | $1.0M | Add +0.1% |
| NSRGY Nestle SA-Spons ADR | 0.68% | 9,120 | $906K | Reduce -35.2% |
| AXP American Express Co. | 0.63% | 2,609 | $832K | Add +231.9% |
| XOM Exxon Mobil Corp. | 0.54% | 6,650 | $717K | No change |
| V Visa Inc. Class A | 0.53% | 1,975 | $701K | Reduce -0.5% |
| APH Amphenol Corp. Class A | 0.51% | 6,865 | $678K | Reduce -0.4% |
| ABBV Abbvie Inc. | 0.49% | 3,490 | $648K | Reduce -2.8% |
| COST Costco Wholesale Corp. | 0.48% | 648 | $641K | Reduce -1.5% |
| SCHW Schwab (charles) Corp. | 0.48% | 6,940 | $633K | New |
| BALL Ball Corp. | 0.39% | 9,365 | $525K | Reduce -66.7% |
| CP Canadian Pacific Kansas City | 0.39% | 6,525 | $517K | Add +26.9% |
| HON Honeywell International Inc. | 0.36% | 2,084 | $485K | Reduce -6.3% |
| PEP Pepsico Inc. | 0.34% | 3,455 | $456K | Reduce -20.7% |
| MRK Merck & Co. Inc. | 0.30% | 4,993 | $395K | No change |
| AMAT Applied Materials Inc. | 0.28% | 2,025 | $371K | New |
| SYK Stryker Corp. | 0.26% | 890 | $352K | Reduce -2.2% |
| UNP Union Pacific Corp. | 0.26% | 1,500 | $345K | No change |
| GQGIX GQG Part Emerg MKTS Eq-Inst | 0.25% | 18,774 | $326K | Add +0.7% |
| ADBE Adobe Inc. | 0.24% | 816 | $316K | Reduce -9.4% |
| ARIMX Amg RR Smid Val-I filed as AMG RIVER ROAD SMALL-MID CAP V | 0.23% | 30,341 | $306K | Add +1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.22% | 592 | $288K | No change |
| ECL Ecolab Inc. | 0.20% | 1,000 | $269K | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.19% | 491 | $250K | New |
| GOOG Alphabet Inc. Class C | 0.19% | 1,400 | $248K | Reduce -5.1% |
| JPM JPMorgan Chase & Co. | 0.17% | 797 | $231K | New |
| DE Deere & Co. | 0.15% | 400 | $203K | New |
Portfolio Sells Q1 2025 → Q2 2025
| FISV Fiserv Inc. | Reduce -1.1% | 3.53% | −1.29 |
| BALL Ball Corp. | Reduce -66.7% | 0.39% | −0.77 |
| AAPL Apple Inc. | Reduce -0.8% | 4.67% | −0.70 |
| MA Mastercard Inc. Class A | Reduce -7.7% | 4.74% | −0.55 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.48 |
| NSRGY Nestle SA-Spons ADR | Reduce -35.2% | 0.68% | −0.45 |
| JNJ Johnson & Johnson | Reduce -3.4% | 2.35% | −0.44 |
| ADP Automatic Data Processing | Reduce -2.7% | 3.99% | −0.30 |
| PEP Pepsico Inc. | Reduce -20.7% | 0.34% | −0.17 |
| ABT Abbott Laboratories | Reduce -1.5% | 3.96% | −0.17 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.17 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.17 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.16 |
| AFL Aflac Inc. | Sold out | 0.00% | −0.16 |
| TJX TJX Companies Inc. | Reduce -0.1% | 3.13% | −0.13 |
| CNI Canadian Natl Railway Co. | Reduce -6.3% | 2.11% | −0.11 |
| ABBV Abbvie Inc. | Reduce -2.8% | 0.49% | −0.11 |
| ADBE Adobe Inc. | Reduce -9.4% | 0.24% | −0.04 |
| V Visa Inc. Class A | Reduce -0.5% | 0.53% | −0.02 |
| ATR Aptargroup Inc. | Reduce -0.5% | 3.17% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -1.5% | 0.48% | −0.01 |
| HON Honeywell International Inc. | Reduce -6.3% | 0.36% | −0.01 |
| SYK Stryker Corp. | Reduce -2.2% | 0.26% | −0.00 |
| GOOG Alphabet Inc. Class C | Reduce -5.1% | 0.19% | +0.00 |
| RTX RTX Corp. | Reduce -0.4% | 3.12% | +0.12 |
| APH Amphenol Corp. Class A | Reduce -0.4% | 0.51% | +0.15 |
| ROK Rockwell Automation Inc. | Reduce -3.3% | 2.89% | +0.44 |
| AMD Advanced Micro Devices | Reduce -7.8% | 2.80% | +0.48 |
| NVDA Nvidia Corp. | Reduce -1.3% | 5.71% | +1.52 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +1.7% | 5.04% | +1.09 |
| UBER Uber Technologies Inc. | Add +105.4% | 0.89% | +0.53 |
| SCHW Schwab (charles) Corp. | New | 0.48% | +0.48 |
| AXP American Express Co. | Add +231.9% | 0.63% | +0.46 |
| AMZN Amazon.com Inc. | Add +3.3% | 3.98% | +0.46 |
| ADI Analog Devices Inc. | Add +0.9% | 3.87% | +0.44 |
| GOOGL Alphabet Inc. Class A | Add +1.7% | 4.59% | +0.41 |
| LLY Eli Lilly & Co. | Add +124.0% | 0.77% | +0.39 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +78.4% | 0.86% | +0.35 |
| CARR Carrier Global Corp. | Add +4.9% | 2.43% | +0.31 |
| SBGSY Schneider Elect SE-Unsp ADR | Add +3.2% | 2.53% | +0.31 |
| AMAT Applied Materials Inc. | New | 0.28% | +0.28 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.19% | +0.19 |
| CRM Salesforce Inc. | Add +29.0% | 0.90% | +0.18 |
| JPM JPMorgan Chase & Co. | New | 0.17% | +0.17 |
| DE Deere & Co. | New | 0.15% | +0.15 |
| CP Canadian Pacific Kansas City | Add +26.9% | 0.39% | +0.10 |
| XYL Xylem Inc. | Add +1.7% | 2.38% | +0.10 |
| GQGIX GQG Part Emerg MKTS Eq-Inst | Add +0.7% | 0.25% | +0.00 |
| ARIMX Amg RR Smid Val-I | Add +1.2% | 0.23% | −0.00 |
| NEE Nextera Energy Inc. | Add +0.1% | 0.77% | −0.06 |
| HD Home Depot Inc. | Add +2.3% | 2.77% | −0.09 |
| MKC McCormick & Co.-Non VTG SHRS | Add +4.8% | 1.70% | −0.16 |
| DHR Danaher Corp. | Add +2.5% | 2.84% | −0.19 |
| VRTX Vertex Pharmaceuticals Inc. | Add +3.0% | 1.95% | −0.22 |
| PG The Procter & Gamble Co. | Add +1.0% | 3.19% | −0.37 |
| CVX Chevron Corp. | Add +1.7% | 2.12% | −0.45 |
| UNH Unitedhealth Group Inc. | Add +9.2% | 1.51% | −0.94 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 60 | $232.2M | AMD, GOOGL, NVDA, AAPL, ADI |
| Q1 2026 | 58 | $181.8M | GOOGL, AAPL, NVDA, ADI, TJX |
| Q4 2025 | 56 | $163.2M | GOOGL, AAPL, NVDA, MSFT, MA |
| Q3 2025 | 56 | $156.3M | GOOGL, NVDA, AAPL, MSFT, MA |
| Q2 2025 | 57 | $133.1M | NVDA, MSFT, MA, AAPL, GOOGL |
| Q1 2025 | 57 | $126.2M | AAPL, MA, FISV, ADP, NVDA |
| Q4 2024 | 50 | $109.5M | AAPL, NVDA, GOOGL, MA, FISV |